PremierOne

Your Trusted

Business Accountant

We are the only Business Accountant you will ever need.

From tax accounting and bookkeeping to payroll and virtual CFO services, we take care of all your financial and accounting needs so you can take care of what really matters – growing your business!

The Business Accountant you can trust!

Unlocking your business‘s full potential requires more than just crunching numbers. It demands insightful financial strategies, meticulous bookkeeping, payroll solutions and compliance with ever-changing tax regulations. That’s where our business accounting service comes into play. 

50 years of Accounting Experience

Personalised Approach

Comprehensive Service

Proactive Financial Guidance

Business Accounting Service

Leave all your Accounting worries to us!

With over 50 years of combined experience, our Melbourne-based team of business accountants works with clients all around Australia. Our accounting firm boasts of experienced, thorough and highly skilled business accountants who can deliver premier payroll, tax accounting and bookkeeping services as well as CFO services.

Our business advisory and tax accounting services are tailored to suit your needs and financial goals. Whether you’re a startup or an established business, we offer more than just simple accounting.

During a one-on-one discovery meeting, we learn about your current and future business goals. Then, we tailor our service to minimise tax, reduce costs and maximise profitability.

PremierOne Delivers Premium Business Accounting Service.

Reliable
Service

Quick Response
Time

A Proactive
Approach

Outside
Hours Access

Qualified
Accountants

Client Case Studies

Clients love our exceptional Business Accounting Service!

Industries We Serve

Aged Care

Information Technology

Creative Industries

Energy and Environment

Engineering

Hospitals

Medical Clinics

Wholesale and Retail

Recruitment

NDIS

International Student Enrolment Services

Health and Wellness

Construction and Property Development

Skilled Traders

Auto Servicing and Repair

Aviation Engineering

Business Accountant FAQs

  • What is full cycle accounting?
    Full cycle Accounting is the process of maintaining and tracking of accounts by our accountants throughout the year.  Our accountants do these activities every year until the company remains in business.
  • What is GAAP in accounting?
    GAAP stands for Generally Accepted Accounting Principles. It is a collection of accounting rules and standards followed across the market for financial reporting. Our accountants follow these processes as they are seamless and error free.
  • What is Accounting Cycle?
    Accounting Cycle involves multiple steps for the accounting events of a company like identifying, analysing and recording. It begins with the start of a transaction and ends when the transaction is recorded financially in statements.
  • what is accrued income revenue in accounting?
    Accrued income is a revenue that is rightfully earned . Small businesses,  individuals and companies can all receive accrued income. Although it is not yet received, accrued income is recorded on the books as and when it is earned, in accordance with the accrual accounting method.
  • What is accrued income journal entry in accounting?
    Accrued income journal entry is the journal entry for income which is earned during a particular period, bit is yet to be received until the end of that period. Though the amount is not received, our accountants will add it to the journal as assets as per the modern rules of accounting.
  • What is the difference between accrued and outstanding in accounting?
    Accountants consider an income as accrued until it is not due for payment, while it is considered as outstanding while it is past due.
  • What is accrued revenue in accounting?
    Accountants term the revenue which is earned but not yet invoiced or received as accrued revenue. It is also known as unbilled revenue. It is part of Accrual Accounting.
  • Is Accrual accounting part of accounting services offered by premier one?
    Yes. All our accountants have expertise in accrual accounting and it is a part of our accounting services.
  • Should i add interest accrued in bank to accounts for filing tax?
    Yes. you should add the interest availed during that period during the tax filing. If you are not sure, our accountants will be help you in adding the same.
  • What is duality in accounting?
    It is a concept where accountants have to record every transaction in two different accounts. It forms the basis of dual entry accounting for all accounting frameworks for producing reliable financial statements
  • Do you help in solving issues with previous accounting?
    Yes. Our experienced accountants will help in resolving issues with previous accounting throughout Australia.

Our Blogs

Book your 15 minutes of free CPA Consultation today!

No
Obligations

No
Commitments

No
Contracts

small business accountant